The annual Liability Study is a detailed report of all OCFA long term liabilities, including unfunded pension liabilities, retiree medical plans, lease-purchase agreements, workers compensation, and accrued compensated absences. The annual Study includes strategies for mitigating and/or funding the liabilities. Staff is committed to continuously seeking additional ways to mitigate liability impacts, fund the accrued liabilities, and enhancing the long term financial strength of the organization. The annual Liability Study is submitted to the Board of Directors in the fall of each year.